Maryland news

• Kevin Plank tells recent city high school graduates they are 'just getting started'

  21-07-2017 20:47 via feeds.bizjournals.com
  "Why not me?"Kevin Plank told recent Baltimore City high school graduates on Friday that question is the most important thing they can ask themselves.The Under Armour CEO spoke the at the 29th annual CollegeBound Foundation luncheon, an event honoring promising students from inner city schools that will be attending college in the fall. The event was attended by a record crowd of 900 people, organizers said.Plank commended all the honorees for heading to college, whichever schools those may&hell
  
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• Scenes from the first day of Artscape

  21-07-2017 20:35 via feeds.bizjournals.com
  Less than three hours into his first ever Artscape, David Villaverde's company Naked Geometry has already made more money than it spent to be a vendor at the annual Baltimore art festival.Villaverde still has the rest of today, Saturday and Sunday to share his wares with the 350,000 people who are expected to attend the Midtown event. He just has to make it through the 90 degree heat that's expected through the weekend."We did not come well prepared for the weather," Villaverde said. "I've never
  
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• Fulton firm takes step toward cell, organ printing with new 3-D printer

  21-07-2017 19:38 via feeds.bizjournals.com
  The four-year-old firm has not taken on any outside investments. Thus far, it has financed all of its products through crowdfunding campaigns.
  
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• Food Network star Giada de Laurentiis says she is opening a Baltimore restaurant

  21-07-2017 18:58 via feeds.bizjournals.com
  Celebrity chef Giada de Laurentiis says she is opening a new restaurant in Baltimore in 2018.De Laurentiis, who is known for her various roles on the Food Network, appeared on a Facebook Live video for the cable channel on Friday and was asked by a viewer if she planned to open any new restaurants."Yes, I'm going to open a restaurant in Baltimore," de Laurentiis answered. "Yes, don't ask me why. I have to think of the reason, but I am going to open a restaurant in Baltimore in 2018."You can&hell
  
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• Stillwater brewery opening first production facility in New York

  21-07-2017 17:38 via feeds.bizjournals.com
  Stillwater Artisanal brewing is opening up a production facility in Brooklyn, New York, and is launching a new line of beers called "Production."Brain Strumke, the founder of Stillwater and a Baltimore native, recently signed a lease for a 5,000-square-foot facility in Brooklyn to hold a brewery and food hall. The space, scheduled to be open by the spring, will serve pub food every day for lunch and dinner, Strumke said, in a food hall style where customers will order their food at a counter and
  
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• Maryland gains 13,300 jobs in June, unemployment continues to fall

  21-07-2017 17:21 via feeds.bizjournals.com
  Maryland gained 13,300 jobs in June and the unemployment rate fell as both the private and public sectors saw increases.The private sector added 9,400 jobs and government positions increased by 3,900, according to preliminary data released Friday by the U.S. Department of Labor. Maryland's unemployment rate in June continued to its gradual improvement from last month, dropping to 4.1 percent from 4.2 percent.Within the private sector, professional and business services saw the biggest gain with&
  
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• These were the highest-paid non-CEOs in Greater Baltimore in 2016

  21-07-2017 16:42 via feeds.bizjournals.com
  You don't have to have the title of CEO to be compensated the most.The BBJ this week ranked the 100 highest-paid executives at Greater Baltimore's public companies in 2016. Five of the top 10, for example, are not chief executives.Michael Lee, chief digital officer at Under Armour Inc., ranked second overall on the list with a total pay package of $11.31 million. A good chunk of Lee's compensation package came through stock options after he was promoted into his current role.View the photo&helli
  
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• First phase of $155M Cole Field House renovation nears completion

  21-07-2017 16:10 via feeds.bizjournals.com
  The first phase of the overhaul of Cole Field House is set to be completed next week, part of a $155 million renovation of the storied College Park arena.The University of Maryland broke ground on the construction of a new indoor football practice facility last year. Fundraising efforts for the project began in 2014, and included a $25 million donation from Under Armour CEO and Terrapin alumnus Kevin Plank.Construction of the practice facility will be completed by July 28, just in time for the&h
  
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• Emergent BioSolutions acquires GlaxoSmithKline anthrax drug for $96 million

  21-07-2017 13:41 via feeds.bizjournals.com
  Gaithersburg-based Emergent BioSolutions has been on a bit of a buying spree lately.On Wednesday, the company announced it would acquire a drug for treating inhaled anthrax from pharmaceutical giant GlaxoSmithKline in an all-cash deal worth up to $96 million.The deal came less than a week after Emergent (NYSE: EBS) announced it would buy French pharmaceutical giant Sanofi's smallpox vaccine business in an all-cash deal worth up to $125 million."People have been waiting for acquisitions from&hell
  
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• Is it over? Appellate court upholds Pepco-Exelon merger

  21-07-2017 13:38 via feeds.bizjournals.com
  The District of Columbia Court of Appeals unanimously upheld the $6.8 billion merger between Washington, D.C.-based Pepco Holdings Inc. and Chicago-based Exelon Corp. (NYSE: EXC), dealing a blow to its opponents.The decision comes largely after the fact, since the two companies finalized their merger within just a few hours of the D.C. Public Service Commission voting March 23, 2016, to approve the merger. The two companies immediately began merging their operations. Exelon, which has its local&
  
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